Brager David A. 4

What Happened

• David A. Brager, President & CEO of CVB Financial Corp (CVBF), had shares withheld to satisfy tax obligations on vested restricted stock awards (RSAs). On 2026-01-24, 5,433 shares were withheld at $19.84 per share (value $107,791). On 2026-01-25, 4,136 shares were withheld at $19.84 per share (value $82,058). These disposals are reported as tax withholding (transaction code F), not open-market sales.

Key Details

• Transaction dates & prices: 2026-01-24 — 5,433 shares @ $19.84 ($107,791); 2026-01-25 — 4,136 shares @ $19.84 ($82,058).
• Total shares withheld: 9,569; total value ≈ $189,849.
• Transaction code: F = tax withholding to cover taxes on vested RSAs (footnotes F1 and F2 confirm withholding of RSA vested on the respective dates).
• Shares owned after the transactions: not specified in the provided filing summary.
• Filing: Form 4 filed 2026-01-26 — appears to be filed timely (Form 4 is generally due within two business days of the transaction).

Context

• Tax-withholding dispositions for vested RSAs are routine and reflect withholding to satisfy tax liabilities, not a discretionary market sale. Such transactions are administrative and typically do not signal the insider’s view on the company’s stock.